"There is nothing more to react to the Prime Minister's press conference other than it being a farewell press conference by Singh," he told reporters.

He further added," all that Singh said was that he would be unavailable for a third term in office. He did not reflect on the country's economic development or the overall atmosphere."

However, Kumar refused to comment on the Prime Minister's stance on Rahul Gandhi and his comments on his PM candidature.

Prime Minister Manmohan Singh clearly stated his retirement from Prime Ministership after the Lok Sabha polls. He said,"Its time that I handed the baton to someone else. And I am sure that the next in line would be someone from the UPA."